South Korea's foreign exchange reserves broke a new record for the third month in a row in May. <br /> According to the Bank of Korea on Tuesday,… the total value of foreign exchange reserves reached more than three-hundred-98 billion U.S. dollars on the back of increased gains from investments in foreign assets. <br />The reserves were up five-hundred-60 million dollars from the previous month.<br />South Korea had the ninth highest amount of foreign exchange reserves in the world last month.<br />China continued to top the list with over three trillion dollars in FX reserves. <br />